Curtiss-Wright Corporation $CW Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al trimmed its stake in shares of Curtiss-Wright Corporation (NYSE:CW) by 22.2% during the fourth quarter, Holdings Channel reports. The firm owned 7,800 shares of the aerospace company’s stock after selling 2,220 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Curtiss-Wright were worth $4,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Argos Wealth Advisors LLC acquired a new stake in shares of Curtiss-Wright during the 4th quarter worth approximately $268,000. Swiss Life Asset Management Ltd raised its position in shares of Curtiss-Wright by 43.9% during the 4th quarter. Swiss Life Asset Management Ltd now owns 2,519 shares of the aerospace company’s stock worth $1,389,000 after purchasing an additional 769 shares during the period. ABN AMRO Bank N.V. raised its position in shares of Curtiss-Wright by 57.1% during the 4th quarter. ABN AMRO Bank N.V. now owns 7,018 shares of the aerospace company’s stock worth $3,906,000 after purchasing an additional 2,550 shares during the period. Crossmark Global Holdings Inc. raised its position in shares of Curtiss-Wright by 12.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 2,949 shares of the aerospace company’s stock worth $1,626,000 after purchasing an additional 333 shares during the period. Finally, Ballentine Partners LLC raised its position in shares of Curtiss-Wright by 10.8% during the 4th quarter. Ballentine Partners LLC now owns 708 shares of the aerospace company’s stock worth $390,000 after purchasing an additional 69 shares during the period. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Curtiss-Wright Stock Performance

Shares of CW stock opened at $750.74 on Friday. Curtiss-Wright Corporation has a 12-month low of $401.01 and a 12-month high of $760.72. The firm has a market capitalization of $27.73 billion, a price-to-earnings ratio of 55.00, a price-to-earnings-growth ratio of 3.48 and a beta of 0.86. The business has a 50 day simple moving average of $706.53 and a 200 day simple moving average of $641.28. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.52 and a quick ratio of 1.05.

Curtiss-Wright (NYSE:CW) last issued its quarterly earnings data on Wednesday, May 6th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.32 by $0.16. Curtiss-Wright had a return on equity of 20.00% and a net margin of 14.17%.The business had revenue of $913.69 million during the quarter, compared to analyst estimates of $863.83 million. During the same period in the prior year, the company posted $2.82 EPS. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. Curtiss-Wright has set its FY 2026 guidance at 14.900-15.300 EPS. On average, equities research analysts anticipate that Curtiss-Wright Corporation will post 15.15 EPS for the current year.

Curtiss-Wright Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.03%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CW. Stifel Nicolaus set a $724.00 price objective on Curtiss-Wright in a report on Friday, May 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Curtiss-Wright in a report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $748.00 price objective on shares of Curtiss-Wright in a report on Tuesday, February 17th. Morgan Stanley reissued an “overweight” rating and issued a $760.00 price objective on shares of Curtiss-Wright in a report on Friday, February 13th. Finally, Citigroup increased their price objective on Curtiss-Wright from $718.00 to $728.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Curtiss-Wright currently has an average rating of “Moderate Buy” and an average price target of $738.83.

Insider Activity

In other Curtiss-Wright news, CFO K Christopher Farkas sold 918 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $677.46, for a total transaction of $621,908.28. Following the completion of the transaction, the chief financial officer directly owned 5,518 shares of the company’s stock, valued at approximately $3,738,224.28. This trade represents a 14.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Kevin Rayment sold 907 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $677.38, for a total value of $614,383.66. Following the transaction, the chief operating officer directly owned 31,493 shares of the company’s stock, valued at approximately $21,332,728.34. The trade was a 2.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 5,961 shares of company stock worth $4,039,279 in the last quarter. 0.51% of the stock is currently owned by corporate insiders.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation (NYSE: CW) is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.